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Details: ht
From the latest 4-hour chart, Solana (SOL) is in a relatively strong rise trend. The technical indicators show that long positions are dominating the market direction.
The specific analysis is as follows:
1. The DMI indicator has formed a golden cross, which is usually a positive market signal.
2. The ADX (Average Directional Index) value continues to rise, further confirming the strength of the current trend.
3. The MACD histogram not only remains positive, but its magnitude is also gradually expanding, which reflects that the buying power is strengthening.
Based on the current market conditions, investors may consider the following strategies:
- Look for entry opportunities in the $196-200 range to establish long positions.
- The upward targets can be sequentially focused on price levels around 210, 220, and 225 dollars.
It is important to note that the cryptocurrency market is highly volatile, and investors should operate with caution and manage risks effectively. At the same time, market conditions change rapidly, so it is advisable to keep an eye on the latest market trends and adjust strategies in a timely manner.